Meaningfull Use Guide

Meaningful Use Guide

Stimulus Funds

On February 17, 2009, the American Recovery and Reinvestment Act of 2009 was signed into law by the federal government. Included in this law is $19.2 billion, intended to be utilized to increase the use of Electronic Health Records (EHR) by physicians and hospitals. This portion of the bill is called the Health Information Technology for Economic and Clinical Health Act or HITECH Act. Our government firmly believes in the benefit of using electronic health records and is investing federal resources to proliferate their use.

More information can be found on the web, with some of the most informative at

http://hitechanswers.net/about

Incentives for Meaningful Use of ePrescription

e-Prescribing incentive is 1 to 2% of total estimated allowed charges for professional services covered by Medicare Part B and furnished during the calendar year

Incentive Schedules given below:

Successful ePrescriber

Incentive Payment

Year 2011

2.00%

Year 2012

2.00%

Year 2013

1.00%

Year 2014

1.00%

Year 2015 or later

0.50%

Incentives for Meaningful Use of EHR

There are two incentive programs for Physicians with Medicare and Medicaid patients.

Physicians chose the appropriate program based on the size of their practice.

Incentives for the years from 2011 to 2014 are shown below.

Incentive Schedules given below:

$ Incentives paid per year
Year of Registration Year 2011 Year 2012 Year 2013 Year 2014 Year 2015 Year 2016 Total
Year 2011 $    18,000 $    12,000 $      8,000 $      4,000 $      2,000 $           – $    44,000
Year 2012 $             – $    18,000 $    12,000 $      8,000 $      4,000 $    2,000 $    44,000
Year 2013 $             – $             – $    15,000 $    12,000 $      8,000 $    4,000 $    39,000
Year 2014 $             – $             – $             – $    15,000 $    12,000 $    8,000 $    35,000
Year 2015 or later $             – $             – $             – $             – $             – $           – $             –

Once you subscribe to our EHR program, you will have access to our Meaningful Use calculator, which tells you, in real time, at what level of compliance you currently are, and what you need to do to be in complete compliance and qualify for the stimulus funds.